Charleston · Other

Do I lose my deposit if I back out of a Moncks Corner home purchase?

Losing your earnest money in Moncks Corner depends entirely on whether you back out inside or outside a contract contingency. Walk away for a reason covered by an inspection, financing, or appraisal contingency and the deposit is typically returned. Walk away outside those windows, without cause, and the seller can usually keep it. Brian and your attorney review the contingency deadlines before you sign so you know exactly where those windows close.

Get your free home valuation.

Still have a question?

Ask Brian directly. No form, no obligation, and a real answer even when the answer is that now is not the time to sell.